Visa Wants UK to Go Cashless
Are we about to see the start of a serious attempt to turn Britain cashless? If Visa gets its way, the answer is yes. After piloting a scheme over in the US that incentivises businesses to go cashless, the financial services company are keen to bring it to UK shores....
Beware Another Credit Crunch, Lenders Told
Lenders have been warned by the banking sector's watchdog to stay vigilant after highlighting the possibilities of another credit crunch. The Bank of England's Prudential Regulation Authority (PRA) reviewed the stability of all forms of consumer credit, such as loans...
Do You Face a ‘Never-ending Battle’ with Your Savings?
If you've ever looked at your savings and wondered 'When will my money work for me?'. It's ok, you're not alone. According to the financial information service Moneyfacts, savers now face a 'never-ending battle' to get a good return on their savings. A study by the...
How to Avoid Binary Option Scams
Have you ever come across a binary options scam? They're usually expressed as an easy and risk free way to make money online. The reality is unfortunately, far from the truth. As any seasoned Binary Options trader will tell you, trading binary options requires time,...
Bank of England Reveals Why We’re Printing More Money But Spending Less Cash
It's a financial paradox, isn't it? We know we're all spending less cash. Payments are going on card, transferred through PayPal – not to mention the fact that, with UK household budgets feeling the pinched, we're not spending as much on luxury items, preferring to...
The 5 Personal Finance Rules We All Break
We all know we could make our money go further – or, at least, have some of that pay cheque left by the time the next one rolls around. And yet, no matter how hard we budget, we often still struggle with our finances. In the end, we end up paying the price for being...
The Gig Economy: What Is It and Is It Right For You?
The gig economy is booming. And you can thank the internet for its meteoric rise, making it easier for people to network, promote their services and, ultimately, be their own boss. That, in a nutshell, is what the gig economy is: Work based on short-term contracts and...
Clean Up Your Credit Rating: How to Check and Remove Mistakes
Your credit rating is an overview of your financial history, commonly used to help prospective lenders decide whether or not to offer you credit. From getting a phone contact to getting a mortgage, a lot can be affected by your credit score. This means keeping it...
Global Pension Crisis Will Cost £54 Trillion – What’s Going On?
It's not just the UK that's being threatened with a financially devastating pensions crisis. The world's biggest economies currently face a £54 trillion blackhole – a figure that, without strong leadership from the governments, will rise to more than £300 trillion...
The Rise of Working While We’re Sick
In what may seem like a boon for companies across the country, the number of sick days we're taking off work is falling. That's the word from insurer Aviva, in their latest Working Lives Report, which is designed to study the issues most affecting employers and...